Canton, Zcash, and Luna Classic See Double-Digit Gains in 24 Hours

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Derived from 528btc, privacy coins Canton (CC) and Zcash (ZEC), along with Luna Classic (LUNC), ranked among the top gainers in the past 24 hours, all posting double-digit increases. Canton rose 18% on Monday and briefly broke above a descending channel on the 4-hour chart, with a potential target of $0.095 if it holds above $0.080. Zcash rebounded to above $400, with bulls aiming to break the 50-day moving average at $412. Luna Classic, trading above its 200-day moving average, saw a 4% rise on Tuesday, extending a 9% gain from the previous day, ahead of a sentencing hearing for its founder Do Kwon.

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